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Tag: #Alibaba

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Alibaba postponed a Hong Kong listing

The biggest e-commerce company of China, Alibaba Group was supposed to be listed in Hong Kong but as a result of the ongoing political unrest in the city, it has decided to delay its plan to issue a secondary offering. Going by the ticker name NYSE: BABA, the Hong Kong listing postponed by Alibaba is…
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Alibaba’s June quarter results will be up on Thursday

Going by the ticker name (NYSE: BABA), Alibaba is ready to announce their first quarter fiscal 2020 earnings results on August 15, 2019. However, Alibaba is expected to display a slow growth in revenue. Irrespective of the expected slow revenue growth, the analysts are remaining optimistic about its profitability. According to Refinitiv data, the estimated…
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